Latest – Page 19

Update: Relativity Media Lobs Litigation at Netflix

October 20, 2016 FilmTake Comments Off

Relativity filed a $1.5B lawsuit against Netflix claiming breach of contract and trade libel, which a Netflix’s spokesperson called “baseless and ironic.”

Hollywood Welcomes Wanda Group’s CEO Wang Jianlin

October 18, 2016 FilmTake Comments Off

Wanda’s CEO Jianlin is in Hollywood to purchase more media properties. The acquisition of Legendary for $3.5 billion was the biggest Hollywood-China tie-up.

Inside Netflix’s Shocking Subscriber Data

October 18, 2016 FilmTake Comments Off

Netflix reported subscriber data at the close of business on Monday that significantly outperformed expectations. The stock soared – closing up 19.62%.

Distribution

UPDATE: Likely Liquidation for Relativity & Lionsgate Buyout

October 16, 2016 FilmTake Comments Off

Relativity could soon hold the dubious distinction of becoming the fastest company in U.S. corporate history to go bust after restructuring.

Netflix Hits the Great Wall of China

October 11, 2016 FilmTake Comments Off

“Disney, which is very good in China, had their movie service shutdown. Apple had their movie service closed down. It doesn’t look good.” – Netflix CEO

Netflix Calls Out Theater Owners

October 11, 2016 FilmTake Comments Off

At The New Yorker’s TechFest event last Friday the CEO of Netflix attacked the theater owners for the lack of innovation in the film business.

Anatomy of a Successful Salesman

October 9, 2016 FilmTake Comments Off

If there is one thing that Relativity Media’s Ryan Kavanaugh knows, it’s a comeback. Relativity Media’s Ryan Kavanaugh has given many successful pitches…

China’s State-Owned Film IPO Bonanza

September 14, 2016 FilmTake Comments Off

One week before Shanghai Film went public, state-owned Omnijoi Media, listed on the ChiNext. On the very next day, China Film made debut on the main board.

China’s Burgeoning Online Video Providers

September 12, 2016 FilmTake Comments Off

In a shocking spectacle of insider dealing, the Chairman of Baidu, along with others announced plans in February 2016 to buyout iQiyi from Baidu for $2.3B.

More Trouble for the Starz and Lionsgate Merger

September 5, 2016 FilmTake Comments Off

A Starz Entertainment shareholder on Tuesday August 30th 2016 challenged the company’s proposed $4.4B merger with Lions Gate Entertainment.

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Paramount Concedes to the European Commission

August 30, 2016 FilmTake Comments Off

Paramount Pictures made several commitments to the European Commission in their antitrust case against US studios and EU broadcasters.

Erasing Territorial Barriers in the EU for Media

August 29, 2016 FilmTake Comments Off

The European Commission has been investigating the six major US studios and the largest EU broadcasters for antitrust infringements.

Update: Legendary Crossed $2B in Global Receipts

July 25, 2016 FilmTake Comments Off

For the first time, films produced by Legendary crossed $2B in box office receipts in 2015. Jurassic World accounted for 77% of all global receipts.

Update: Auditing China After $12M Paramount Fraud

July 15, 2016 FilmTake Comments Off

The MPAA and China film regulators negotiate to address box office fraud and expanding the number of non-Chinese films permitted on the mainland.

Brazil Television Market Cools Off at 19M Subs

January 22, 2016 FilmTake Comments Off

Brazil lost 600,000 subs over the last six months of 2015. It’s no surprise that Netflix’s growth has been spectacular. Sky lost 300,000 in the same period.

Relativity’s Teflon Kavanaugh and Judge Wiles

January 21, 2016 FilmTake Comments Off

Will Relativity’s Kavanaugh be able to escape the legal actions in connection with misappropriating $10 million in P&A capital used to prop up the company?

News: Netflix Favors Time Warner-Charter Merger

January 20, 2016 FilmTake Comments Off

Netflix’s top executive endorsed the pending $55B Charter and Time Warner merger, saying he views it as a positive development for streaming video.

Insight: Wanda’s Antitrust Issue After Legendary Acquisition

January 14, 2016 FilmTake Comments Off

Antitrust issues are on the horizon for Wanda Group: CEO Wang Jianlin, China’s richest individual, announced the acquisition of Legendary for $3.5 billion.

Legal: W2 2016

January 13, 2016 FilmTake Comments Off

The makers of the Machete film franchise did not have their constitutional rights violated when Texas denied their application for a film incentive grant.